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François
Coty
The story of young François Coty started in Paris, at the end of
the century; and the first perfumes he created were “La Rose Jacqueminot”,
“Ambre Antique”, and “L’Origan”.
In 1907, Coty hired
seven representatives who made his company famous in France. In the same
year, he founded his first laboratory in Neuilly. The business was so successful,
that a year later Coty opened his first factory in Suresnes, near Paris.
In 1910, he inaugurated his first office abroad – in Moscow, near Djamagorofa
No. 33 – and two years later, another one followed, in London. François
Coty was the first to notice the benefits of tax-free sales and opened
a store in the French port Le Havre.
Coty started to create
whole series of perfumes. And besides them, he was also selling colognes,
body balms, absorbing powders. Coty took all these products to America.
He knew that in Paris he could never become more than a “salesman who makes
perfumes” – but beyond Atlantic, he had the chance to conquer a huge market.
Sales in America were spectacular. Coty became a multimillionaire – his
name was famous in the entire world. The coronation of his success was
represented by the foundation, in 1913, of Coty Incorporated – in New York,
on Fifth Street, No. 714.
Coty is now the most important cosmetic company in the United States and
Canada. Coty Group Worldwide has branches on five continents, and more
than three thousand employees. The central bureau is in New York – but
the Coty perfumes are produced in the United States, Spain, Germany, Great
Britain and Holland. Today, the best selling perfumes marked Coty are Exclamation,
Adidas Woman, Vanilla Fields, Chanson D’Eau, Masumi, Crossmen, Adidas Man
and Adidas Adventure. |